Kimberly-Clark Names Michael Hsu as CEO, Successor to Thomas Falk

Kimberly-Clark said it was switching chief executives in the midst of a restructuring program intended to boost profits as it struggles with weak sales.

 
Wells Fargo Agrees to $65 Million Settlement With N.Y. Attorney General Over Cross-Selling

Wells Fargo & Co. has agreed to pay a $65 million fine to settle claims brought by the New York Attorney General's office that the bank misled investors about its cross-selling tactics.

 
Bristol-Myers Faces a Costly Delay

Delay of Bristol-Myers' key lung-cancer application stings investors in competitive, lucrative field.

 
Super Micro Computer Denies Malicious Chip Report

Super Micro Computer said in a letter to customers that a media report claiming a malevolent hardware chip was installed in its motherboards is incorrect and that it is conducting a review in light of the story.

 
Don't Bid on eBay Just Yet

PayPal results suggest eBay's recent marketplace growth spurt may be short lived.

 
Linde-Praxair Merger Approved by U.S. FTC

Linde said that the U.S. Federal Trade Commission has conditionally approved its merger with Praxair, removing the last hurdle to the companies' yearslong pursuit of a tie-up.

 
EU Launches Probe Into Vodafone-Liberty Global Deal

EU regulators have opened an investigation into possible competition issues raised by Vodafone Group's acquisition of Liberty Global's assets.

 
Hasbro Still Feels Sting From Loss of Toys 'R' Us Business

Hasbro continued to struggle in the aftermath of Toys "R" Us's demise, as liquidation sales damped demand for orders and finding new places for the lost business created complications.

 
Kellogg Returning Honey Smacks to Shelves After Salmonella Recall

Kellogg's Honey Smacks cereal will begin returning to U.S. shelves next month in limited quantities following a nationwide recall over salmonella concerns.

 
Halliburton Profit Beats Forecasts Despite Softness in Demand

Halliburton profit rose 19% in the latest quarter but the oil-field services company said demand for some of its key operations came in weaker than anticipated.

(END) Dow Jones Newswires

October 22, 2018 15:00 ET (19:00 GMT)

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